focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 490.80
Bid: 493.10
Ask: 493.80
Change: -6.90 (-1.39%)
Spread: 0.70 (0.142%)
Open: 492.30
High: 501.40
Low: 485.90
Prev. Close: 497.70
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EasyJet averts cabin crew strike in France as it clinches deal with unions

Tue, 06th Dec 2022 17:51

PARIS, Dec 6 (Reuters) - EasyJet on Tuesday averted a French cabin crew strike over the Christmas holidays after it agreed to raise base pay by 7.5% while paying an additional 3,000 euro ($3,152) bonus to staffers.

The concession highlights the continued pressure on easyJet and airlines to agree better terms and wages to retain staff and avert more labour strife after months of disruption since the end of COVID-19 lockdowns.

"For us this is a good deal to sign so we won't call for a strike this time around," a representative for the SNPNC union told Reuters via text message.

Tuesday's deal is one of the more generous for airlines in the region in recent months. It's not clear if it could set a precedent for rival carriers keen to keep staff as energy and food bills soar and inflation hits decade highs.

In November, German German carrier Lufthansa agreed to a two-stage raise for next year, with 250 euros more basic pay from Jan. 1, and 2.5% more basic pay from July 1.

British Airways in the summer accepted a new pay offer for staff at Heathrow airport which included a consolidated pay rise of 8%, a one-off bonus and the reinstatement of shift pay.

It lands on the heels of a major victory for Delta pilots agreed last week, with the airline offering a 34% cumulative pay increase over three years.

"easyJet is pleased to confirm that we have completed constructive discussions with trade unions, SNPNC and UNAC. We continue to be committed to working collaboratively with the unions to ensure the long term success of easyJet in France," an easyJet spokesperson told Reuters in an emailed statement.

CHRISTMAS STRIKES

Europe is bracing for strikes affecting airlines ahead of its busiest Christmas travel season in three years as it recovers from the COVID-19 pandemic.

Air France's unionized workers have given notice to strike from Dec. 22 to Jan. 2, while Britain's Border Force is also expected to strike, potentially disrupting transit times and causing long queues at airports.

Heathrow airport's baggage handlers employed by Menzies have also said they would strike in mid-December.

EasyJet's French workers had asked for a raise of at least 8% to compensate for rising inflation as well as a hike in the cost of their healthcare premium, an SNPNC union representative said. French inflation for November hit 7.1%.

EasyJet instead had initially offered a pay increase pegged to average inflation, clarifying that the increased salary offer on fixed remuneration was above 6.2%.

EasyJet employs over 1,800 staff in France under local contracts including over 1,000 cabin crew. Only a proportion of flights crossing through France are operated by French-based crew, a spokesperson said.

More News
5 Oct 2023 15:46

UK earnings, trading statements calendar - next 7 days

Friday 6 October 
JD Wetherspoon PLCFull Year Results
Monday 9 October 
Sareum Holdings PLCFull Year Results
Tuesday 10 October 
1Spatial PLCHalf Year Results
EnSilica PLCFull Year Results
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
ScS Group PLCFull Year Results
Target Healthcare REIT PLCFull Year Results
YouGov PLCFull Year Results
Wednesday 11 October 
discoverIE Group PLCTrading Statement
Eneraqua Technologies PLCFull Year Results
Jubilee Metals Group PLCFull Year Results
Marston's PLCTrading Statement
Netcall PLCFull Year Results
PageGroup PLCTrading Statement
QinetiQ Group PLCTrading Statement
Sanderson Design Group PLCHalf Year Results
Tharisa PLCTrading Statement
Thursday 12 October 
Atalaya Mining PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Dechra Pharmaceuticals PLCFull Year Results
easyJet PLCTrading Statement
Hays PLCTrading Statement
Kenmare Resources PLCtrading Statement
N Brown Group PLCHalf Year Results
Norcros PLCTrading Statement
Treatt PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
2 Oct 2023 09:41

LONDON BROKER RATINGS: Morgan Stanley cuts NatWest; PageGroup raised

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
26 Sep 2023 10:36

Rolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines

(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.

Read more
25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.

Read more
21 Sep 2023 06:06

New easyJet recruitment drive tackles cabin crew stereotyping

(Alliance News) - A fresh campaign is being launched aimed at tackling outdated stereotyping of jobs in the airline industry.

Read more
15 Sep 2023 07:54

LONDON BRIEFING: Games Workshop trades better than expected

(Alliance News) - Stocks in London are set to extend Thursday's gains at Friday's market open, with sentiment lifted further by the latest economic data from China.

Read more
15 Sep 2023 06:21

Thousands impacted at Gatwick amid air traffic control staff shortages

(Alliance News) - Thousands of airline passengers have been impacted by cancelled, delayed or diverted flights due to a lack of air traffic control staff at Gatwick airport.

Read more
6 Sep 2023 16:25

UK air traffic meltdown 'one in 15 million' event -NATS

LONDON, Sept 6 (Reuters) - An air traffic meltdown in Britain was caused by a "one in 15 million" event, the boss of traffic control provider NATS said, as initial findings showed how a single flight plan with two identically labelled markers caused the chaos.

Read more
5 Sep 2023 12:44

Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.

Read more
5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

Read more
30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

*

Read more
30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

Read more
30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

Read more
29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

*

Read more
29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.